Friday, June 29, 2018

■ What if you could add collision coverage to your car after hitting that tree? Well, thanks to FoIB Holly R, we learn that health insurance startup Bind offers pretty much that for its self-insured corporate clients:

It does sound kind of 'too good to be true,' but it's apparently a legit service available to companies willing to take the leap. Bind in't actually an insurance company, but a third party administrator for some of UHC's self-funded groups.

Interesting.

■ Thanks to the folks at United Healthcare, we're privy to next year's new IRS limits for group and HSA-compliant plans:

That's an increase of almost 10%, and of course the premiums will also be headed north, although we don't yet know by how much. There's a term for this: "unsustainable." And it makes alternatives like sharing ministries and Direct Primary Care (not to mention Short Term plans) more and more attractive.

On the other hand, maximum HSA contributions are increasing almost $50 a year for individuals. WooHoo!

■ What if you could add collision coverage to your car after hitting that tree? Well, thanks to FoIB Holly R, we learn that health insurance startup Bind offers pretty much that for its self-insured corporate clients:

It does sound kind of 'too good to be true,' but it's apparently a legit service available to companies willing to take the leap. Bind in't actually an insurance company, but a third party administrator for some of UHC's self-funded groups.

Interesting.

■ Thanks to the folks at United Healthcare, we're privy to next year's new IRS limits for group and HSA-compliant plans:

That's an increase of almost 10%, and of course the premiums will also be headed north, although we don't yet know by how much. There's a term for this: "unsustainable." And it makes alternatives like sharing ministries and Direct Primary Care (not to mention Short Term plans) more and more attractive.

On the other hand, maximum HSA contributions are increasing almost $50 a year for individuals. WooHoo!